Broker Name: CGS International
Date of Report: February 26, 2026

Excerpt from CGS International report.

Report Summary

• China’s 15th Five-Year Plan (FYP) for 2026–2030 prioritizes technological self-reliance, innovation-driven growth, domestic consumption, green development, and further opening-up, driving major structural change in China’s economy.
• ASEAN’s trade and investment with China is expected to shift, with export opportunities growing in consumer goods, industrial inputs for advanced manufacturing, and critical energy-transition minerals, while sectors facing direct Chinese competition (e.g., mature-node semiconductors, basic commodities) may face headwinds.
• Chinese investment in ASEAN is moving from export-platform strategies to deeper localization, focusing on green and digital projects, EVs, solar, and data centers, as well as continued Belt and Road infrastructure initiatives.
• Financial ties will deepen as the cross-border use of the Chinese RMB increases, supporting regional liquidity and reducing reliance on the US dollar.
• Countries like Vietnam, Thailand, Malaysia, Singapore, and Indonesia stand to benefit the most, depending on their manufacturing strength, digital infrastructure, and resource endowments, while less developed ASEAN nations will benefit primarily from infrastructure investment.
• Sectors best positioned for growth include electronics, EVs, digital services, data centers, education, healthcare, tourism, and battery minerals, while traditional energy, iron ore, wood, and basic semiconductors face greater risks.
• Chinese investment is expected to further support regional fixed income markets, infrastructure, and credit, especially in countries with strong macroeconomic frameworks and financial infrastructure.

Above is an excerpt from a report by CGS International. Clients of CGS International can be the first to access the full report from the CGS International website: https://www.cgsi.com/